Financial Services Software ERP
NetSuite Financial Services Software ERP
Real-Time Financial Management in the Cloud
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A Single, Powerful Application to Meet the Unique Needs of Financial Service Businesses
NetSuite’s cloud business management suite, used by more than 37,000+ customers across the globe, enables financial institutions to meet their unique needs with a single, powerful application and proactively balance risk and opportunity across business processes.
Why Choose NetSuite Software for Financial Services?
Comprehensive Financial Management
The world’s No. 1 solution for cloud financial management.
Integrated Budgeting and Forecasting
Outfit your organization with tools for planning, budgeting, and forecasting to guarantee financial stability and foster growth.
Customer Relationship Management (CRM)
360-Degree Customer View — Seamless flow of information across customer life cycle.
Report revenue with confidence and accuracy.
Human Capital Management
Maximize the value of your companies most important resource.
Acquire goods and services and keep costs in check using better spend management.
From reporting and analytics to insight and decision-making, gain a more complete, real-time picture of your business.
Global Business Management
Manage multiple subsidiaries, business units and legal entities all from a single cloud ERP system.
Frequently Ask Questions
The #1 cloud financial management solution.
NetSuite financial management solutions expedite daily financial transactions, reduce budgeting and forecasting cycle times, ensure compliance and accelerate the financial close. Our cloud-based platform delivers real-time visibility into the financial performance of any business, from a consolidated level down to individual transactions. NetSuite financial management seamlessly integrates with additional business applications — including order management, inventory, CRM and commerce — so you can run your entire business with a single solution.
From bank reconciliation and assets management to receivables, payables, revenue management and more, NetSuite helps you automate complex financial processes.
NetSuite cloud accounting software simplifies the process of recording transactions, managing payables and receivables, collecting taxes and closing the books and enables timely, accurate reporting and greater control of financial assets. With real-time access to financial data, you can quickly drill into details to resolve issues and generate statements and disclosures to comply with multiple regulatory financial compliance requirements, including ASC 606, GAAP, SOX and more.
NetSuite Planning and Budgeting brings financial, payroll and HR data together so you can plan headcount, salary, bonus and payroll taxes using actuals from your business. This allows leaders to quickly build models and plans without having to rekey or reassemble workforce information in a spreadsheet.
The Advanced Inventory Management feature enables you to use item records to track Lead Time, Safety Stock, and Seasonal Demand for inventory. Item records also show the quantity available for each item. These figures are used to continually assess stock needs and modify replenishment orders.
The Expense Allocation feature enables you to account for fixed expenses without having to split them among individual departments or locations in advance of incurring the expenses. Later, you can transfer expenses into different accounts and assign the expenses to specific departments, classes, or locations.
Oracle NetSuite is the best accounting software within an ERP platform because of its robust services that can drive a business’s entire financial management needs. With NetSuite cloud accounting software transform your general ledger, optimize AR, automate AP and streamline tax management. Get a complete view of cash flow and financial performance.
NetSuite Advanced Financials brings complementary financial management functionality to NetSuite, including budgeting, expense allocations and amortization, flexible billing management and statistical accounts. It helps ensure strong financial management by managing and monitoring budgets versus actuals.
You can also connect Data Connection Wizard or Microsoft Query and select the tables you would like to import into your Excel workbook.
OneWorld lets you use a single NetSuite account to manage records and transactions for multiple subsidiaries conducting business across multiple tax jurisdictions involving multiple currencies. OneWorld organizes both domestic and international subsidiaries into a single hierarchical structure.
NetSuite is a more comprehensive program that offers features such as a customer relationship management (CRM) tool, enterprise resource planning (ERP) and eCommerce solutions. QuickBooks is a simpler program that is mainly used for basic accounting tasks such as invoicing, mileage tracking and payroll. Click here for feature comparison.
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